Common use of Term of the Pledge Clause in Contracts

Term of the Pledge. 3.1 The pledge shall become effective on the date the Pledge is entered in ML Shopping’s shareholders’ register. The pledge shall be continuously valid until the Obligations have been fully discharged (the “Term”). 3.2 The Pledgor and ML Shopping shall enter the Pledge in ML Shopping’s shareholders’ register within three (3) business days after the execution of this Agreement.

Appears in 3 contracts

Samples: Equity Pledge Agreement (Mecox Lane LTD), Equity Pledge Agreement (Mecox Lane LTD), Equity Pledge Agreement (Mecox Lane LTD)

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Term of the Pledge. 3.1 The pledge shall become effective on the date the Pledge is entered in ML Rampage Shopping’s shareholders’ register. The pledge shall be continuously valid until the Obligations have been fully discharged (the “Term”). 3.2 The Pledgor and ML Rampage Shopping shall enter the Pledge in ML Rampage Shopping’s shareholders’ register within three (3) business days after the execution of this Agreement.

Appears in 3 contracts

Samples: Equity Pledge Agreement (Mecox Lane LTD), Equity Pledge Agreement (Mecox Lane LTD), Equity Pledge Agreement (Mecox Lane LTD)

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